Servicing

Lender Processing Services’ April home price index report released today confirms a sustained housing recovery is taking place nationwide.

Oliver Chang quit his job as head of housing strategy at Morgan Stanley last year to follow his own advice and invest in distressed homes to rent.

The Office of the Comptroller of the Currency is encouraging national banks to take a look at the FHA 203(k) program.

We're hearing more and more cities are flirting with the use of eminent domain to condemn mortgages and that is going to cause a lot of trouble for the HUD secretary.

Juan Velez, 60, of Waterford, Conn., pleaded guilty Friday to one count of bank fraud stemming from a mortgage fraud scheme.

It was a week of wild gyrations over if and when the Federal Reserve will end the stimulus program.

A U.S. House subcommittee has approved an appropriations bill that includes cuts to federal spending for public housing and transit.

Amherst Securities Group has brought on UBS veteran Chris McDowell as part of an effort to expand its commercial real estate finance business.

Loan modification activity slowed in April to 70,000, down from 84,400 in March.

Moody’s Investors Service has put on review for downgrade 1,079 tranches from 299 shifting interest/pro-rata U.S. residential mortgage-backed securities transactions that are reaching or getting closer to the end of their terms.